
New 3 Bedroom Apartments for Rent in Memphis, TN (40 Rentals)


The Oliver Luxury Apartments

City Place at Germantown Apartments

The Villas at Germantown

Harbor Side at Conwood Flats Apartments

Springs at Buckingham Farms

Madison Midtown
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Dream Germantown

Highland Row

Tillman Cove

Timberline Flats

Parcels at Concourse
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Grays Creek Apartments

Velo Shelby Farms

The Westerly at Union Depot

Forest Creek Townhomes

Tapestry Forest Creek

Irene Woods Apartments
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Springs at Colonial

The Water Tower District at Schilling Farms

The Charleston

Villages at Shelby Station

Lakeland Town Square Phase II
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Memphis, TN Local Guide

How much does it cost to rent an apartment in Memphis?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Memphis Studio Apartments | $1,075 | $560 | $7,990 |
Memphis 1 Bedroom Apartments | $1,172 | $200 | $2,911 |
Memphis 2 Bedroom Apartments | $1,333 | $499 | $6,900 |
Memphis 3 Bedroom Apartments | $1,705 | $698 | $4,050 |
Memphis 4 Bedroom Apartments | $1,458 | $549 | $5,890 |
Explore Memphis

Memphis, TN Local Guide
- Memphis Neighborhoods
- Nearby Cities
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Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Memphis, TN Rentals by Map
See the most popular apartments and homes in Memphis, TN
Getting Around Memphis, TN
Walk Score®
50 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
50 / 100
Bikeable
Some bike infrastructure
Transit Score®
29 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about 3 Bedroom Memphis Apartments
What is the Cheapest apartment in Memphis with 3 Bedroom?
Currently the most affordable 3 Bedroom in Memphis is at Valley Forge listed at $750.
How much is the average rent for a 3 Bedroom Memphis Apartment?
The average rent for a 3 Bedroom Apartment in Memphis is $1,705.
What is the largest available 3 Bedroom Memphis Apartment for rent?
Today's apartment with the most square footage in Memphis is a 2,031 square feet unit starting from $2,893 at The Chisca.
What is the average size for Memphis 3 Bedroom Apartments for rent?
The average size for a 3 Bedroom rental in Memphis is currently 1,488 sq ft.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.